Reckitt Benckiser recently released their half year results for the six months ended 30 June 2018. Their net revenue increased by 23% at actual exchange rates which was significantly impacted by the net benefit of their mergers and acquisitions. On a like-for-like basis net revenue increased by 3%.

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EOH published their annual results for the year ended 31 July 2018 on the 3rd of October. Revenue from continuing operations increased by 8%, diluted headline earnings per share declined to 276 cents per share (FY17: 808 cents per share) and the board decided not to declare a dividend. Operating margins declined significantly due to […]

In Distell’s results for the full year ended 30 June 2018, the group reported volume growth of 4.4%, revenue excluding excise duty grew by 7.7% and headline earnings per share declined by 5.6%. Normalised headline earnings per share, which excludes certain once-off items and forex movements rose by 5.2%. The board declared a final gross […]

$JSEBTI and the dreaded Canadian ruling by SchalkLouw on TradingView.com So, the Canadian court ordered British American Tobacco PLC ( LSE:BATS ), Philip Morris International Inc. ( NYSE:PM ) and Japan Tobacco Inc. ( TSE:2914 ) to pay $12.5 billion in damages to Quebec smokers after a 17-year legal battle, in the latest case to shock the global tobacco industry. This could see […]